Prop Draw Down Protector Expert in MetaTrader 5 [TFlab]

The Prop Draw Down Protector Expert MT5 is a specialized tool from TradingFinder, designed for prop traders and professional Forex traders on the MetaTrader 5 platform.

This expert empowers traders to define structured trading rules, manage profits and losses, and maintain strict discipline. Its 7 customizable tabs provide full control over trade execution, risk management, and emotional decision-making, making it a critical tool for systematic trading.

📊 Specifications

• Indicator Categories: Money Management, Trading Assist, Risk Management, Expert Advisor (EA)
• Platform: MetaTrader 5
• Trading Skills: Advanced
• Timeframe: Multi-Timeframe
• Trading Styles: Intraday, Scalping, Day Trading
• Markets: Forex, Stocks, Indices, Share Stocks

⚙️ Overview

The Prop Draw Down Protector Expert allows traders to:

• Define trade size and quantity
• Set entry and exit time ranges
• Configure Take Profit and Stop Loss in percentage, pips, or dollars
• Restrict trading to selected symbols
• Monitor account information directly on the chart
• Receive alerts for news events and strategy deviations

By implementing these features, the expert helps traders execute trades systematically, reduce emotional mistakes, and maintain long-term profitability.

🔹 Key Features

Volume Tab

Control trading volume and frequency:

• Max Trade Size
• Max Daily/Weekly Volume
• Max Daily/Weekly Number of Trades
• Max Daily/Weekly Losing & Winning Streaks

This ensures capital discipline and prevents overtrading.

Time Tab

Trade only during predefined hours, avoiding high-risk periods.

• Set Start/End Times per day (MON–SUN)
• Limit trades to selected sessions

This strengthens trading discipline and establishes consistent routines.

Profit/Loss Tab (P/L)

Set daily and weekly profit/loss limits to manage risk:

• Max Day/Week Profit (%, pips, or dollars)
• Max Day/Week Loss (%, pips, or dollars)

This prevents impulsive trades and protects capital.

Symbol Tab

Restrict trades to approved symbols only to maintain focus and strategic alignment.

• Options: Current Chart, All Charts, Market Watch, or Selected Symbols

Trades Tab

Display real-time account metrics:

• Start Day/Week Balance
• Daily/Weekly Profit
• Winning & Losing Streaks
• Daily & Weekly Drawdown

The Data Tab offers a clean view of account conditions without cluttering the chart.

TP & SL Tab

Enforce mandatory Take Profit and Stop Loss levels:

• Alerts for missing TP/SL
• Limit adjustments to prevent emotional trading

News Tab

Manage trading around high-impact news events for 8 main symbols:

• Display news before/after the event
• Set time and symbol preferences
• Enable/Disable all or latest news

This protects the account from sudden volatility.

🎯 Benefits

The Prop Draw Down Protector Expert helps traders:

• Follow structured trading plans
• Maintain emotional control
• Manage risk and capital systematically
• Achieve consistent profitability

It is an essential tool for prop traders and serious Forex traders aiming for professional and disciplined trading.

🏆 Conclusion

With its 7-tab system and advanced features, the Prop Draw Down Protector Expert (MT5) ensures:

• Strategy adherence
• Risk control
• Optimized trade execution
• Protection from impulsive decisions

By integrating this expert into their workflow, traders can minimize losses, avoid margin calls, and maintain a stable, profitable trading routine.